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Gold Price Forecast: Traders Await Powell’s Testimony as Interest Rate Uncertainty Weighs

Highlights Gold prices hold steady as traders anticipate Jerome Powell’s testimony. Rising Treasury yields restrict gold’s upside potential. Investors recalibrate expectations as the Fed’s shift disappoints. Overview Gold prices held steady on Tuesday, trading within a narrow range as market participants eagerly awaited guidance from U.S. Federal Reserve Chair Jerome The post Gold Price Forecast: Traders Await Powell’s Testimony as Interest Rate Uncertainty Weighs appeared first on ForexTV... Read More
Posted: Jun 20 2023, 05:35
Author Name: forextv
Views: 081178

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